Equities Analysts Set Expectations for Capstone Mining Corp’s Q3 2016 Earnings (CS)
Capstone Mining Corp (TSE:CS) – Investment analysts at Raymond James Financial cut their Q3 2016 EPS estimates for shares of Capstone Mining Corp in a research report issued on Thursday. Raymond James Financial analyst A. Terentiew now anticipates that the firm will earn ($0.04) per share for the quarter, down from their prior estimate of ($0.03). Raymond James Financial also issued estimates for Capstone Mining Corp’s FY2016 earnings at ($0.12) EPS, Q1 2017 earnings at ($0.04) EPS, Q2 2017 earnings at ($0.05) EPS and FY2017 earnings at ($0.04) EPS.
A number of other equities research analysts have also weighed in on the company. CSFB set a C$0.80 price objective on Capstone Mining Corp in a research note on Thursday, June 30th. Scotiabank raised their price objective on Capstone Mining Corp from C$1.40 to C$1.50 and gave the company an “outperform” rating in a research note on Thursday, July 14th. CIBC restated an “outperform” rating and set a C$1.20 price objective on shares of Capstone Mining Corp in a research note on Wednesday, July 20th. TD Securities restated a “buy” rating and set a C$1.15 price objective on shares of Capstone Mining Corp in a research note on Wednesday, July 27th. Finally, Canaccord Genuity restated a “buy” rating on shares of Capstone Mining Corp in a research note on Wednesday, September 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of C$1.28.
Shares of Capstone Mining Corp (TSE:CS) opened at 0.70 on Monday. Capstone Mining Corp has a 1-year low of $0.27 and a 1-year high of $0.97. The stock’s 50 day moving average price is $0.73 and its 200 day moving average price is $0.74. The stock’s market cap is $270.87 million.
Capstone Mining Corp Company Profile
Capstone Mining Corp. is a mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile. It has five segments: Pinto Valley, Cozamin, Minto, the Santo Domingo development project and Other. Pinto Valley Mining Corp., its subsidiary, owns and operates the copper Pinto Valley Mine located in Arizona.
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